Cloud & SaaS Acquisitions in Georgia

ATS Mako, a portfolio company of Saffar Capital, has acquired Applicant Starter to expand its applicant tracking and hiring automation footprint and accelerate customer migrations to the ATS Mako platform. Applicant Starter's platform will be discontinued and users are being offered an exclusive upgrade and white‑glove migration package to ATS Mako.

TA Associates has made a majority growth investment in FinQuery (formerly LeaseQuery), with members of FinQuery’s leadership team co-investing alongside TA. The capital will support product innovation, capability expansion of FinQuery’s AI-powered subledger and accounting automation platform, and strategic growth initiatives including potential acquisitions; financial terms were not disclosed.

Charlesbank Capital Partners has made a growth investment in CENTEGIX, an Atlanta-based provider of workplace safety and emergency response technology. The capital will be used to accelerate CENTEGIX's platform development, go-to-market capabilities and geographic expansion across K–12, healthcare, government and commercial end-markets; affiliates of Gauge Capital and the founding management team rolled a portion of their equity.

TicketManager acquired substantially all assets of Ovations (Ovations Management Solutions), a corporate ticketing and hospitality platform, adding top-tier enterprise customers and team members to its platform. The deal strengthens TicketManager’s position in corporate ticket and guest management by expanding its customer base and integrating Ovations’ hospitality technology and services.

ComplianceMate (CM Systems) has joined Ladle, a newly launched platform that unites ComplianceMate with MeazureUp and Storewise under backing from Nexa Equity. The move consolidates complementary foodservice SaaS solutions—temperature monitoring, digital audits, and pricing/DSD management—into a single platform to accelerate growth, improve compliance capabilities, and serve multi-unit restaurants, grocers, and convenience stores.

Aptean, a global provider of industry-specific enterprise software backed by private equity investors, has agreed to acquire Logility Supply Chain Solutions, Inc. for $14.30 per share in an all-cash transaction. The acquisition brings Logility's AI-first supply chain planning capabilities into Aptean's portfolio to create an end-to-end, AI-driven planning offering and is expected to close in Q2 2025 (consummated April 4, 2025).

Caseware, the Toronto-based provider of cloud-enabled audit and financial reporting solutions, has acquired LeaseJava, a SaaS lease accounting solution developed by leasing standards experts. The acquisition adds lease accounting and compliance capabilities (ASC 842, IFRS 16, GASB 87) to Caseware's product ecosystem and will first be made available to Caseware's US customers with plans to expand to Canada and the UK.

ARCOS LLC, a Columbus-based provider of workforce management solutions for utilities, has acquired Clearion, a SaaS provider of vegetation management and asset inspection software. The acquisition expands ARCOS's capabilities in vegetation management, GIS-integrated field mobility, and asset maintenance to support utilities' reliability, grid modernization, and risk-mitigation efforts.

Falfurrias Management Partners (via its Falfurrias Growth Partners I strategy) has made a growth investment in Neighborly Software, a cloud-based SaaS platform that manages enrollment, administration, and reporting for government-funded programs. The capital will be used to accelerate product development, geographic expansion, and sales & marketing while founders Jason Rusnak and Chris Behm remain substantial owners and continue to lead the business.

Veritas Capital has completed the acquisition of the Digital Banking business of NCR Voyix for $2.45 billion plus up to $100 million in contingent consideration and rebranded the business as Candescent. The standalone company will continue serving more than 1,300 financial institutions and over 29 million registered users and will focus on expanding its digital banking products and customer experience.

Blackstone Growth (part of Blackstone) has signed a definitive agreement to acquire a majority stake in M3, a leading hospitality-focused accounting software and services provider; terms were not disclosed. The deal includes a strategic investment from AAHOA and is intended to accelerate M3’s product expansion and adoption across the hotel industry as the company scales its cloud-based financial platform serving thousands of properties.

Aptean, a provider of industry-specific ERP and supply chain software headquartered in Alpharetta, Georgia, received a strategic investment led by Clearlake Capital Group. Clearlake joins existing investors TA Associates, Insight Partners, and Charlesbank Capital Partners to support Aptean's product innovation, cloud/SaaS expansion, and global growth ambitions.

FinQuery (formerly LeaseQuery) received a $25 million minority growth investment led by Periphas Capital and supported by Lavelle Capital to accelerate product innovation and support strategic M&A. The funding will help FinQuery expand its AI-driven SaaS platform that manages leases, software subscriptions and other financial contracts for corporate finance teams.

ITA Group has acquired Cooleaf, an award-winning recognition and rewards SaaS platform, to integrate Cooleaf’s technology into ITA’s employee engagement offerings. The deal combines ITA’s strategic program capabilities with Cooleaf’s recognition, incentives and analytics technology to deliver a turnkey, enterprise-ready employee engagement solution.

Avenu Insights & Analytics, a portfolio company of Arlington Capital Partners, has acquired Judicial Innovations, a cloud-based provider of payment and case management solutions for state and local governments. The deal expands Avenu's Justice Solution suite and brings recurring cloud-based software with cross-selling opportunities across justice segments.

Riskonnect has acquired Ventiv Technology to combine the two companies' risk, insurance and underwriting technology solutions into a unified integrated risk management platform. The deal, supported by Riskonnect's majority investor TA Associates, expands product capabilities (analytics, claims, billing, policy administration) and aims to accelerate global growth and customer value for the combined 2,500+ customers.

CINC Systems, a Duluth, Georgia–based provider of cloud-based accounting, banking integration and payments software for the community association management industry, has secured a strategic growth investment from Hg. The investment will see Hg join CINC's founder, management team and existing investor Spectrum Equity to accelerate product innovation, go-to-market expansion and continued growth following strong 2023 performance.

Blue Star Innovation Partners (BSIP) has made a strategic growth investment in OfficeRnD, a provider of coworking and hybrid work SaaS. The capital and BSIP's operational, software and integrated-payments expertise will be used to accelerate OfficeRnD's product offering and expand its reach—including into North America.

Guidepost Growth Equity made a $25 million minority growth equity investment in Intellum, an enterprise learning management system provider. The capital will accelerate Intellum's product development, go-to-market, and hiring initiatives to support scaled content and engagement for business education programs.

Allied Benefit Systems, majority-backed by funds managed by Stone Point Capital, has acquired Medxoom, a digital benefits integration and payments platform. Allied will integrate Medxoom's technology into its My Allied Portal to enhance member experience, support current clients, and expand digital capabilities to reduce employer healthcare costs.

One Equity Partners has completed the acquisition of Liquid Web, a managed cloud and hosting provider headquartered in Atlanta, Georgia, and has formed a new holding company called CloudOne Digital. The transaction creates a platform for consolidation across the cloud hosting sector, bringing Liquid Web’s brands and data center assets into an expanded offering focused on managed hosting, managed applications and commerce cloud solutions for SMBs and mid-market customers.

XFactor.io has acquired DecisionLink to integrate DecisionLink’s ValueCloud customer value management capabilities into XFactor.io’s AI-powered go-to-market platform. The deal expands XFactor.io’s go-to-market functionality—strengthening sales planning, time-to-revenue modeling, territory and capacity planning—and broadens its enterprise customer footprint.

Riverwood Capital led a $25 million growth investment in Cognosos to accelerate the company's product development, go-to-market expansion, and hiring. Cognosos, an Atlanta-based provider of AI-powered real-time location services (RTLS) and asset visibility software, will use the funds to expand in healthcare, automotive and logistics markets and enhance its platform.

Planet DDS, a PE-backed provider of cloud-based dental software, has acquired Cloud 9 Software from Accel-KKR to strengthen its multi-specialty platform by adding Cloud 9’s orthodontic and pediatric practice management capabilities. The deal positions Planet DDS to offer a broader single-vendor solution for dental practices and accelerate Cloud 9’s cloud-first mission; financial terms were not disclosed.

Docufree has acquired DealerDOCX, a cloud-based document-intelligence and management provider serving automotive dealerships, to expand its digital-transformation and SaaS offerings in the automotive market. The deal adds DealerDOCX's patented audit-compliance analytics, integrations with major dealer management systems, and a ~350-customer recurring revenue base to Docufree's enterprise information management platform.

Lead Edge Capital has made a strategic growth investment in Revenue Analytics, a cloud-native pricing and revenue management SaaS provider based in Atlanta. The capital will support product innovation, go-to-market expansion, and continued scaling of Revenue Analytics' pricing solutions across travel & hospitality, media, and manufacturing/distribution sectors.

Clearlake Capital and VictoryLive (led by Sam Soni) acquired Ticket Evolution, an end-to-end ticketing software provider, in an add-on transaction to the VictoryLive platform. The acquisition — terms not disclosed — adds Ticket Evolution's B2B marketplace, SaaS fulfillment platform, and pricing-intelligence capabilities to VictoryLive to enhance offerings for rightsholders, resellers, and event managers.

Aptean, a provider of industry-specific ERP and supply chain software headquartered in Alpharetta, Georgia, has received a strategic growth investment from Insight Partners and existing investor TA Associates, with TA becoming the lead shareholder. Charlesbank remains a shareholder while Vista Equity Partners fully exited its stake; the investment is intended to accelerate Aptean's cloud SaaS innovation and global expansion.

ASG II, an Alpine Investors-backed software platform, has acquired Hotel Effectiveness, a hotel labor optimization SaaS provider. Monroe Capital arranged a senior credit facility to support the transaction, which strengthens ASG II's hotel software offerings.

Chronus, the enterprise mentoring platform, has acquired eMentorConnect, a cloud-based mentoring solution for growing and enterprise-level programs. The deal brings several eMentorConnect team members into Chronus and is intended to expand Chronus’ product capabilities and customer base across large organizations.

San Francisco-based private equity firm Invictus Growth Partners invested $43 million to acquire a controlling (majority) stake in Allbound Inc., a SaaS provider of partner relationship management (PRM) software. Invictus will support Allbound's growth and product development — including adding machine-learning capabilities — to accelerate sales, marketing, and platform enhancements.

FTV Capital led a $74 million growth equity investment in SingleOps, the Atlanta-based SaaS business management platform for the green industry, with existing investor Five Elms Capital fully participating. The funding will be used to expand SingleOps' platform and grow its team; FTV representatives will join SingleOps' board to support the company’s next phase of growth.

ASG (backed by Alpine Investors) has acquired Hotel Effectiveness and integrated the business into its newly launched Actabl hotel operations platform, which consolidates Transcendent, ProfitSword, ALICE and Hotel Effectiveness. The move creates a unified suite of business intelligence, labor management, and operations software for hoteliers and represents an add-on acquisition to expand Actabl's capabilities in hospitality workforce and operations management.

SaaSOptics and Chargify announced a merger and rebrand to form Maxio, a combined subscription billing and financial operations platform for high-growth SaaS companies. The move follows a combined $150 million growth equity investment by Battery Ventures in April 2021 and creates a company serving more than 2,300 customers and managing roughly $10 billion in customer ARR, headquartered in Atlanta, Georgia.

Vista Equity Partners has made an approximately $150 million strategic growth investment in OfficeSpace Software, a cloud-based workplace management platform, while existing investor Resurgens Technology Partners remains a significant shareholder. The capital will support OfficeSpace's product and go-to-market expansion as companies continue to adopt hybrid workplace tools.

Francisco Partners has made a majority investment in GAINSystems, becoming the company’s majority shareholder after an initial strategic growth investment in July 2020. The capital and partnership are intended to help GAINSystems scale its cloud-based supply chain planning platform and expand capabilities for its manufacturing, distribution and retail customers.

Salesloft, the Atlanta-based provider of a sales engagement SaaS platform, announced a strategic growth investment from Vista Equity Partners that values the company at a multi-billion dollar valuation. The investment will provide capital and partnership to accelerate product innovation, international expansion (particularly beyond North America), and continued go-to-market growth; Vista will join Salesloft's board.

Precisely, a data integrity software leader backed by Clearlake Capital and TA Associates, has signed a definitive agreement to acquire Atlanta-based SaaS provider CEDAR CX Technologies. The acquisition adds CEDAR CX's cloud Customer Communication Management (CCM) and hosted managed services capabilities to Precisely's EngageOne portfolio, strengthening offerings for regulated industries such as wealth management, lending, and insurance.

Blackthorn.io has acquired Textey.io, a Salesforce AppExchange SMS solutions provider, to add native SMS messaging and Paylink capabilities to its event management and payments suite. The deal expands Blackthorn.io's engagement channels—enabling SMS-based payment links, improved event attendance and donation engagement—and integrates Textey's Salesforce-native SMS functionality into Blackthorn's product stack.

Orion Advisor Solutions has acquired BasisCode Compliance LLC, a cloud-based provider of regulatory compliance and risk-management software for the financial services industry. The acquisition brings BasisCode’s compliance, trading surveillance and audit-ready reporting capabilities into Orion’s wealthtech platform to strengthen Orion’s compliance technology offering for financial advisors and enterprise firms.

Silver Oak Services Partners led a recapitalization of Summit Hosting, investing alongside Summit’s senior management team. Summit Hosting, founded in 2005 and headquartered in Alpharetta, Georgia, is a provider of dedicated managed cloud hosting for accounting and other business applications and will use the new capital to scale its managed cloud services.

Popmenu, an Atlanta-based restaurant technology platform, has acquired OrderNerd, a third-party delivery order aggregation startup, and will integrate OrderNerd's single-device order management and reporting tools into its all-in-one platform. The acquisition expands Popmenu's online ordering and delivery capabilities, helping restaurants consolidate third-party orders, streamline operations, and capture more guest data.

Boston-based private equity firm Great Hill Partners has made a strategic growth investment in Blue Ridge, a cloud-native supply chain planning and price optimization platform headquartered near Atlanta. The investment will fund product development, expansion across the U.S. and Europe, and accelerate go-to-market efforts; financial terms were not disclosed. Vocap Partners, the former majority shareholder, was the selling party and Lightning Partners served as Blue Ridge's financial advisor.

IRIS Software Group, a privately held UK accounting and practice-management software provider, has acquired Conarc, the US document management and workflow software maker behind iChannel, to deepen its practice management offering and expand its North American footprint. The acquisition strengthens IRIS’s portfolio for CPA firms by adding Conarc’s document management and workflow automation capabilities.

Intuit has agreed to acquire Mailchimp for approximately $12 billion in cash and stock to create an end-to-end customer growth platform for small and mid-market businesses. The acquisition brings Mailchimp's marketing automation and AI-driven capabilities into Intuit's platform to drive customer acquisition, engagement and analytics, and is expected to close before the end of Intuit's second quarter fiscal 2022.

Avionté, a Serent-backed provider of enterprise staffing and recruiting software, has acquired WorkN, a mobile on-demand staffing SaaS platform. WorkN will operate as a division of Avionté to expand mobile candidate experience capabilities and accelerate delivery of integrated mobile talent enablement to Avionté's customer base.

Gauge Capital has partnered with the owners and management team of CENTEGIX to provide growth capital and recapitalize the company. CENTEGIX, an Atlanta-based provider of location-aware emergency communications delivered via an IoT and SaaS platform (CrisisAlert), will use the investment to accelerate growth across its education, healthcare and hospitality end markets; Gauge partners Tom McKelvey and Sam Smith joined CENTEGIX's board and Berkery Noyes served as exclusive financial advisor.

Waystar, a cloud-based healthcare payments and revenue cycle management provider, announced a definitive agreement to acquire Patientco, an omnichannel patient payments and engagement software company. The acquisition expands Waystar's patient payment capabilities to improve price transparency, modernize payment options for patients, and drive faster, fuller reimbursements for providers.

The TASI Group has acquired Mission Communications, a Norcross, Georgia-based provider of SaaS monitoring and remote control solutions for water and wastewater infrastructure. Mission will be integrated into TASI Flow to expand TASI's wireless asset management and connectivity capabilities for the water/wastewater market, with Mission President Forrest Robinson remaining in leadership.

New York-based growth equity firm Argentum led a $13 million investment in SmartCommerce to accelerate product development, expand sales, and extend the company’s AI-assisted Click2Cart SaaS platform for CPG brands. First Analysis Corporation also participated in the round, and Argentum partner Walter H. Barandiarán joined SmartCommerce’s board.